United States Factory Orders (MoM) meets expectations (1.6%) in March

May 2, 2024

BoC's Macklem: Canadian inflation to stay close to 2.9% for next several months

While speaking before the House of Commons Finance Committee on Thursday, Bank of Canada (BoC) Governor Tiff Macklem said Canadian inflation rate will probably stay close to 2.9% for the next several months, citing rising gasoline prices, per Reuters.

AUD/USD exhibits strength above 0.6500 as RBA sets to deliver a hawkish guidance

The AUD/USD pair holds gains above the psychological support of 0.6500 in Thursday’s early New York session.